Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Rating Increased to Hold at Zacks Research

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other equities research analysts have also issued reports on the stock. Weiss Ratings raised shares of Big Sky Industrial Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. Wall Street Zen upgraded shares of Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.50.

Big Sky Industrial Inc. Common Stock Price Performance

Shares of Big Sky Industrial Inc. Common Stock stock opened at $1.19 on Monday. The stock has a market cap of $62.26 million, a P/E ratio of -2.77 and a beta of 0.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.92 and a current ratio of 1.92. The stock’s fifty day moving average is $1.03 and its 200 day moving average is $1.00. Big Sky Industrial Inc. Common Stock has a one year low of $0.66 and a one year high of $1.52.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last issued its quarterly earnings results on Thursday, May 7th. The energy company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Big Sky Industrial Inc. Common Stock had a negative return on equity of 49.96% and a negative net margin of 213.60%.The company had revenue of $1.60 million during the quarter, compared to analysts’ expectations of $1.63 million. Sell-side analysts anticipate that Big Sky Industrial Inc. Common Stock will post -0.24 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSIN. Thompson Davis & CO. Inc. purchased a new stake in Big Sky Industrial Inc. Common Stock during the 1st quarter valued at approximately $71,000. Two Sigma Investments LP bought a new stake in shares of Big Sky Industrial Inc. Common Stock during the third quarter valued at approximately $54,000. United Asset Strategies Inc. purchased a new position in shares of Big Sky Industrial Inc. Common Stock in the fourth quarter worth $27,000. Citadel Advisors LLC purchased a new position in shares of Big Sky Industrial Inc. Common Stock in the third quarter worth $26,000. Finally, XTX Topco Ltd boosted its position in shares of Big Sky Industrial Inc. Common Stock by 61.5% during the second quarter. XTX Topco Ltd now owns 44,841 shares of the energy company’s stock worth $63,000 after acquiring an additional 17,080 shares during the last quarter. 3.00% of the stock is currently owned by institutional investors.

Big Sky Industrial Inc. Common Stock Company Profile

U.S. Energy Corp. (NASDAQ: USEG) is an independent oil and natural gas exploration and production company that acquires, develops and operates hydrocarbon properties across onshore regions in the United States. The company’s activities encompass geological evaluation, drilling, completion and working-interest management, with an emphasis on cost-efficient development of discovered reserves and maximizing production from existing assets.

Over time, U.S. Energy has pursued growth through disciplined lease acquisitions, joint-venture partnerships and targeted drilling programs.